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International Business Times
International Business Times
Business
Peter CATTERALL

Chinese EV Giant BYD Beats Tesla In Quarterly Revenue For First Time

BYD Tesla Inc. electric vehicle Beijing
Chinese electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue for the first time (Credit: AFP)

Chinese electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue for the first time as its push into overseas markets advances.

The EV and battery giant is a leading player in recent efforts by Chinese automotive firms to expand overseas -- plans that are increasingly threatened by thorny trade disputes between Beijing and the West.

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